S&P 500 Primary & Weekly Cycles
Too much economic good news coming out of the US has seen the S&P 500 move higher along with the Fed ceasing to raise interest rates, which started the initial sell off.
Sadly, it didn't follow the 2nd wave pattern down into the 2019 lows for the best LONG set-up.
Weekly lows and 2019 50% level is seen as support, but it might move into a sideways pattern until late March before heading higher.
I've been Bullish on the stock market since 2016 lows for a move up to 2020-21, it's just trying to time the entry with Support.
I would be extremely surprised to see selliing hit the market otherthan short term down moves.
